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$ 1,450,000
Est. payment | /mo
9,000 SqFt
$ 1,450,000
Est. payment | /mo
9,000 SqFt
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $161
MLS Listing ID 25017660
Year Built 1939
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Building and Land
Property Description
This historic property, located at 454 Broadway Street and 208 & 214 West Grand Avenue in Hot Springs, Arkansas, offers over 8,000 square feet of versatile commercial space on just over one acre of land. Built in 1939, the main two-story building exudes timeless charm with original cut redwood construction and expansive interiors that are ideal for a range of uses, including boutique hotel, retail, office, or entertainment venues. Zoned C1 and situated within a Federal Opportunity Zone, the site provides significant investment advantages. The property boasts a combined 620 feet of road frontage, including an impressive 307 feet along high-traffic Grand Avenue, which sees approximately 20,000 vehicles per day—ensuring maximum visibility and accessibility. Located just steps from major hotel chains and the vibrant downtown district, this site is strategically positioned in one of Hot Springs' most desirable and high-demand development corridors. Whether you're a developer or investor, this is a rare opportunity to revitalize a landmark building in a prime, high-exposure location. Great Owner Finance Opportunity!
Location
State AR
County Garland
Area Hot Springs School District
Exterior
Parking Features 11 - 25 Spaces, Gravel
Garage Spaces 21.0
Utilities Available Sewer-Public, Water-Public, Gas-Natural
Roof Type Tar and Gravel
Building
New Construction No
Listed by Partners Realty • Shaila S Sharrock
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Westgate Realty
Broker | License ID: 2019046646